| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Reliance Realcon Private Limited operates primarily in the state of Odisha and has made a considerable mark in the real estate sector. However, potential buyers often seek assurance that they are making a wise investment. This blog post delves into the performance of Reliance Realcon, analyzing complaints and cases involving the builder, and providing valuable insights for prospective property buyers.
Performance Overview
With only one documented complaint against Reliance Realcon Private Limited, the builder has experienced minimal direct consumer grievances. However, it is critical to note that out of these complaints, the builder has lost one case. Here’s a closer examination of the legal challenges the builder has faced:
Legal Case Details
1. Case Filed Against the Builder: The appellant claimed no detrimental outcome, whereas the respondent’s claim highlighted an oversight by their advertising agency. Specifically, the advertisement did not include essential details, such as the website address and …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Reliance Realcon Private Limited, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into regulatory non-compliance and penalties for project delays.
In terms of regulatory non-compliance, the builder faced legal action due to advertisements that did not meet the required standards set by the ORERA Authority. Specifically, the respondent claimed that their agencies uploaded advertisements without duly mentioning the website address and registration number of the ORERA Authority. This highlights a pattern where builders may face scrutiny for not adhering to the regulatory frameworks established to protect consumers and maintain transparency in real estate transactions.
The penalty for project delays is another significant theme in these cases. Although the specifics of delays are not detailed in the summaries, the fact that the builder was directed to deposit a penalty indicates a broader issue that is common …
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